• Treasury sanctions phishing Russians
    The U.S. Treasury Department is doubling down on cryptocurrency scams (Photo: Pixabay)
    Cryptocurrencies

    U.S. Treasury sanctions two Russian men for stealing $17M in crypto

    U.S. authorities seized crypto assets stolen through a phishing scheme by two Russian hackers, and imposed sanctions similar to those used against hostile regimes, drug kingpins

    September 17, 2020 /

    Aside from seizing or freezing “all property and interests in property” from sanctioned persons, under the law “U.S. persons generally are prohibited from dealing with them,” according to the OFAC website. The Secret Service also seized millions of dollars in cryptocurrencies and cash allegedly stolen in the sophisticated phishing and spoofing attacks by Russian national Danil Potekhin in 2017 and 2018, which was subsequently laundered by Dmitrii Karasavidi.

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